Company
CVE:TRBE
Tribe Property Technologies Inc. is a company that is disrupting the traditional property management industry. Tribe's integrated service-technology delivery model supports the entire residential community — owners, tenants, landlords, Boards and Councils, property managers, service providers and real estate developers. Its blended service and technology approach simplifies the complexities around residential community living through communication, information, education and protection. By providing the most comprehensive suite of products and services for building and managing residential communities, Tribe aims to change the way people experience community living, connect with their neighbours and interact with their homes.
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In addition to the return of the company's five current board members, shareholders elected a new member, Sanjiv Samant, to its board of directors at the meeting
The partnership would bring UmbraCity's hotel concierge-like service to Tribe buildings across the Lower Mainland, elevating lifestyle and convenience in Tribe communities.
"With at-home fitness increasing in popularity, TUT offers a refreshingly inexpensive and compact approach to strength and cardio training with digital applications that bring wellness into your home,” Tribe CEO Joseph Nakhla said
"Similar to the services offered at high-end hotels, Tribe residents will have the option to have NextLevel take the hassle out of dropping off and picking up laundry," Tribe CEO Joseph Nakhla said
“This financing is a clear vote of confidence in the milestones Tribe has achieved, and our roadmap for the future," said the company's CEO Joseph Nakhla
The company wants to make life easier for homeowners and tenants – particularly when it comes to postal deliveries amid the ongoing COVID-19 pandemic by using the power of digitization and artificial intelligence
Round13 Growth Fund, a highly respected, late-stage growth equity investment fund and part of the Round13 Capital family of funds, will lead the financing and subscribe for $10 million worth of units
The company said Round13 Growth Fund, a highly respected, late-stage growth equity investment fund, will lead the financing and subscribe for $10 million worth of units, becoming a strategic shareholder
"We see this as an incredible opportunity to transform the community-living experience for those already living in multi-family residential communities in Canada," said Joseph Nakhla, Tribe CEO
"Digitizing parcel delivery from the point of ordering through to arriving at your home in a secure environment, all while receiving mobile notifications so you know where your packages are and when they arrive – it eliminates so many point
The company also generated a record gross profit of C$2.0 million, a 364% increase from the same period last year
"This latest acquisition is a continuation of Tribe's activities to identify great accretive assets that expand our footprint and digital services in under-served markets,” the company's CEO Joseph Nakhla said
The company said the move to the OTCQB Venture Market will make its common shares more accessible to US-based investors
The company said that with the pandemic hitting the hospitality industry hard over the past 18-months, companies offering meal delivery services have been some of the few to see an upswing in revenue as more and more consumers opt for in-ho
"This acquisition supports the strengthening of our service delivery in the high-growth Interior region of British Columbia, opening additional revenue streams while bringing efficiencies through the digitization of these communities,” said
Property tech group Tribe manages around 40,000 homes made up of more than 100,000 residents and has relationships with more than 50 real estate developers across Canada
Joseph Nakhla, Tribe CEO said: "Pensio has solved a key problem in the rental space that came to the forefront through the pandemic, where in the unfortunate situation of a tenant losing their job, rent will be paid on their behalf"
It said the acquisition expands its reach across five of BC's seven economic regions, including Mainland/Southwest, Vancouver Island/Coast, Thompson/Okanagan, Cariboo, and Kootenay - which has seen residential growth over the past number of
The Digital Partnership Program is expected to strengthen the company’s offerings with a complete end-to-end digital and technology backed approach to multi-family residential living
